Monthly Archives: September 2020

Travel corridors

It is almost impossible to keep up with changes to overseas territories that require us to self-isolate when returning to the UK from a holiday or business trip.

The government have coined the phrase “travel corridor” to provide a focus for countries that are considered COVID hot spots – and therefore exempt or removed from the...

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HMRC put their case

HMRC has been at the forefront of the government’s response to the coronavirus (COVID-19) and the extraordinary challenges being faced by millions of individuals and businesses.

According to HMRC:

The department successfully developed and implemented schemes at unprecedented speed to deliver financial support to more than 12 million employed and self-employed workers via the Coronavirus Job Retention...

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Employer obligations to employees working at home

It may surprise many smaller employers with staff working from home that they still have health and safety responsibilities. The following notes published by ACAS should be considered:

Employers should:

  • talk to their employees and workers about how they might improve working from home arrangements
  • continue to consider which roles and tasks can be done from home –...
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Are taxes on the increase?

There has been the usual political speculation that taxes will be increased in the forthcoming budget to pay for COVID grants and support.

Leaving aside the economic arguments for and against, what planning adjustments can we make now assuming that business taxes will increase?

Corporation tax

It has been rumoured that corporation tax (CT) will be increased from...

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Government support for certain self-isolating cases

Government is to implement a new payment for people on low incomes in areas with high rates of COVID-19, who need to self-isolate and can’t work from home. Payments of up to £182 to be made to people who have tested positive for COVID-19 and their contacts.

The scheme will start in Blackburn, Darwen, Pendle, and...

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E-commerce eases COVID disruption

Online sales soared by 800% for London-based start-up, OLLY’S, after losing 40% of its monthly revenue overnight due to the Coronavirus pandemic.

The following was reported on the GOV>UK website recently:

Founded in his parents’ kitchen three years ago, a love of olives inspired Olly Hiscocks to create the world’s first unpasteurised olive snack pouch. He quickly...

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Tax Diary September/October 2020

1 September 2020 - Due date for Corporation Tax due for the year ended 30 November 2019.

19 September 2020 - PAYE and NIC deductions due for month ended 5 September 2020. (If you pay your tax electronically the due date is 22 September 2020)

19 September 2020 - Filing deadline for the CIS300 monthly return for...

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Tenants protection under the Coronavirus Act 2020

From the 26 March 2020, the following rights of landlords and tenants regarding eviction apply. A summary of the provisions is set out below:

  • The Coronavirus Act 2020 protects most tenants and secure licensees in the private and social rented sectors by putting measures in place that say where landlords do need to issue notices seeking...
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Redundancy pay

If you are faced with making employees redundant, the terms that determine the amount payable may be written into your staff contracts of employment.

Otherwise, employees will normally be entitled to statutory redundancy pay if they have been working with you for two years or more.

Entitlement is usually based on:

  • half a week’s pay for each full...
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VAT deregistration strategy

If you are presently registered for VAT but your turnover has dropped below £83,000 you could deregister for VAT. However, you do not have to deregister.

Disadvantages and advantages of deregistration

  • If you buy significant amounts of goods and services that include a VAT charge, then if you deregister you will not be able to recover any...
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